US Cash Crude-Grades little changed; U.S. crude oil stocks rise last week
Oct 22 (Reuters) -U.S. crude grades were little changed on Tuesday, dealers said, as U.S. crude oil stocks rose last week.
U.S. crude oil stocks rose by 1.64 million barrels in the week ended Oct. 18, while gasoline and distillates fell, market sources said, citing American Petroleum Institute figures on Tuesday.
U.S. crude oil stockpiles likely rose last week by about 300,000 barrels, while distillate and gasoline inventories were seen down, an extended Reuters poll showed on Tuesday.
Meanwhile, West Texas Midland crude getting lighter in terms of density, worried markets as it could become less appealing to some refiners.
* Light Louisiana Sweet WTC-LLS for November delivery fell 22.5 cents at a midpoint of a $1.50 premium and was seen bid and offered between a $1.20 and $1.80 a barrel premium to U.S. crude futures CLc1
* Mars Sour WTC-MRS gained 20 cents at a midpoint of a $1.3 discount and was seen bid and offered between a $1.50 and $1.10 a barrel discount to U.S. crude futures CLc1
* WTI Midland WTC-WTM was unchanged at a midpoint of a 70-cent premium and was seen bid and offered between a 50-cent and 90-cent a barrel premium to U.S. crude futures CLc1
* West Texas Sour WTC-WTS was unchanged at a midpoint of a $1.05 discount and was seen bid and offered between a $1.25 and 85-cent a barrel discount to U.S. crude futures CLc1
* WTI at East Houston WTC-MEH, also known as MEH, traded between a $1.00 and $1.50 a barrel premium to U.S. crude futures CLc1
* ICE Brent December futures LCOc1 rose $1.75 to settle at $76.04 a barrel on Tuesday.
* WTI November crude CLc1 futures rose $1.53 to settle at $72.09 a barrel on Tuesday.
* The Brent/WTI spread WTCLc1-LCOc1 widened 2 cents to last trade at minus $4.27, after hitting a high of minus $4.15 and a low of minus $4.30.
Reporting by Arathy Somasekhar in Houston; Editing by David Gregorio
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